Apple (AAPL) shares have taken a hit in 2024, dropping over 10% due to challenges such as increased competition in China. The tech giant has been facing difficulties with iPhone sales in China, which has ultimately led to a decline in stock prices.
In the midst of earnings season, Wall Street is closely monitoring the performance of the “Magnificent 7” tech stocks, with Apple being a key player. Creative Strategies CEO Ben Bajarin recently shared his insights on what to expect from Apple’s upcoming earnings report.
Bajarin highlighted several key issues to watch for, including commentary on the MIC shift and iPhone sales. Market analysts are eagerly anticipating Apple’s performance in light of the recent struggles in China.
For more expert insights and market action, viewers can tune in to the full episode of Market Domination. Stay tuned for updates on Apple’s financial standing and how it will navigate the challenges ahead.
By keeping an eye on Apple’s performance and developments in the tech industry, investors can stay informed and make informed decisions in the ever-changing market environment.
Nicholas Jacobino, Insider Wales Sport